How Many Cash Buyers In Palo Alto?

By
Real Estate Agent with eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales B.R.E. 01191194
http://activerain.com/droplet/72c

I was asked an interesting question recently. What is the percentage of cash buyers in Palo Alto?  It may not be what you think.

 

Homes under 1 million in the last year: 67 total  Sold with all cash:  9

Homes from 1-2 million:  255     Sold with all cash:  31

Homes from 2-3  million:  64  Sold with all cash:  20

Homes over 3 million:     21   Sold with all cash:    14

 

So despite what you hear about cash being king and so many buyers being beat out by all cash investors, in Palo Alto, a very high number of buyers are still purchasing homes with loans.

 

If you have any questions about buying or selling a home in Palo Alto please feel free to contact me.

 

Marcy Moyer

Kelle Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

650-619-9285

D.R.E.  01191194

 

Posted by

Marcy Moyer eXp Realty of California  Specializing in Probate and Trust Sales, and Rental Investment Properties

 

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